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Commercial Insurance Account Executive
Commercial Insurance Account ExecutiveHigginbotham • Louisville, KY, US
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Commercial Insurance Account Executive

Commercial Insurance Account Executive

Higginbotham • Louisville, KY, US
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Commercial Insurance Account Executive

Job Category : Account Management

Requisition Number : ACCOU004405

Location : Louisville, KY 40223, USA

Job Details

Description

Position Summary : The Commercial Lines Account Executives have leadership / mentorship and advisement responsibilities over Account Managers and their respective books of business / client groups to include gathering information from clients, servicing clients, and setting expectations of timeline for completion of work tasks.

Supervisory Responsibilities : None

Essential Tasks :

  • Collectively or independently plans, designs and implements appropriate insurance programs for clients that coincide with agency guidelines
  • Maintains knowledge of new developments or changes with various carriers and new Federal / State laws that may affect how our clients conduct business; consults, informs and educates clients about coverage, exclusions and exposures : documents electronic filing accordingly
  • Generating premium allocations for clients; advanced Microsoft Excel proficiency
  • Negotiating rate terms and conditions with Carriers on behalf of clients
  • Provides technical support to Producers (coverage-wise, with proposal, suspense items, etc.), Account Managers, and Client Service Managers
  • Investigates, initiates and prepares necessary summaries of insurance, proposals and applications, submits them to appropriate insureds and carriers, obtains clients' signatures on all applications, follows up to ensure timely responses, either in conjunction with Producer or independently
  • Demonstrates ability to present proposals to clients with or without assigned Producer
  • Remarkets, contacts clients and follows up in conjunction with producers, renews policies by agency standards
  • Consults, informs, and educates audit procedures to clients.
  • Set priorities and manages workflow to ensure efficient, timely and accurate processing of transactions and other responsibilities
  • Represents the agency in conjunction with producers in handling complaints, arbitrating disputes, or resolving grievances; facilitates a productive and amicable working relationship between clients, agency personnel, and producers; develops and maintains a positive

Core Competencies :

  • Ability to Analyze and Solve Problems : Skill in recognizing challenges, exploring options, and implementing effective solutions in a timely manner
  • Attention to Detail : A strong focus on completing tasks and projects accurately and thoroughly
  • Communication Skills : Capable of expressing ideas clearly in both verbal and written forms and engaging with various audiences
  • Timely Task Completion : Ability to finish tasks and projects efficiently, managing resources and priorities effectively
  • Team Collaboration : Willingness to work together with others, promoting teamwork and supporting shared goals
  • Client Focus : Dedication to understanding and addressing the needs of clients and stakeholders to ensure their satisfaction
  • Dependability : Acknowledgment of the importance of being present and punctual.
  • Creative Thinking : Openness to suggesting new ideas and methods to improve processes and outcome
  • Organizational Skills : Capability to prioritize tasks and manage multiple projects simultaneously
  • Adaptability : Willingness to adjust to changing situations and priorities, showing resilience in a dynamic work environment
  • Experience and Education :

  • Bachelor's degree preferred
  • 5+ years of Underwriting or Commercial Property & Casualty Insurance experience required
  • Working knowledge of financial statements
  • Working knowledge of NAIC statutory filings preferred
  • Licensing and Credentials :

  • Active General Lines or Property & Casualty License required
  • Systems :

  • Proficient with Microsoft Excel, Word, PowerPoint, and Outlook
  • Applied Epic experience preferred, but knowledge of similar Account Management System (AMS) is acceptable
  • Physical Requirements :

  • Ability to lift 25 pounds
  • Repeated use of sight to read documents and computer screens
  • Repeated use of hearing and speech to communicate on telephone and in person
  • Repetitive hand movements, such as keyboarding, writing, 10-key
  • Walking, bending, sitting, reaching and stretching in all directions
  • Perks & Benefits :

  • Generous employee benefits package which includes a robust wellness program
  • Employee Ownership Opportunities
  • Career progression opportunity the potential for growth within the company
  • Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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    Commercial Account Executive • Louisville, KY, US

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